Harnessing Renewable Energy with Clean Hydrogen Production in WA
cooktops, electric heat pumps – and then make the electricity from renewables.Hydrogen is a niche solution for now, but it will be needed in the future to store renewable energy when the sun isn’t shining or the wind not blowing.WA is gearing up to take advantage of the potential for clean hydrogen production, with Woodside, Andrew Forrest and the government all pushing for investment.WA has vast areas of sun and wind, as well as gas and reservoirs to store carbon dioxide, making it an ideal location for hydrogen production. The WA government has introduced a new form of land tenure called a diversification lease that allows multiple users to share an area in order to streamline green hydrogen projects. The state also has a 37-person team dedicated to helping push through hydrogen, battery metals and critical minerals projects. Clean hydrogen is not yet the main way to reduce carbon emissions but it will be needed in the future to store renewable energy when the sun isn’t shining or the wind isn’t blowing; WA is thus taking advantage of its potential by investing in clean hydrogen production.
Hydrogen and Renewables: Diversification Lease
The diversification of energy sources is becoming increasingly important, and hydrogen is a key component in this process. Hydrogen can be produced from renewable sources such as solar, wind, or hydroelectric power, making it an attractive option for countries looking to reduce their reliance on fossil fuels. According to the International Energy Agency (IEA), hydrogen production from renewables could reach up to 10 million tonnes by 2030. This would represent a significant shift away from traditional energy sources and towards renewable energy sources. Additionally, the IEA estimates that the cost of producing hydrogen from renewables could be reduced by up to 40% with the implementation of a diversification lease program. Such a program would incentivize companies to invest in renewable energy projects and help drive down costs associated with hydrogen production.You might also like this article: List of the 3 largest service companies from Zurich (city). Picture source: Tommy Krombacher